Global Asphalt Cement Binder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Asphalt Cement Binder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Asphalt Cement Binder market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Asphalt Cement Binder is a viscous bituminous liquid that provides the “glue” material that combines with well-graded aggregates to produce an HMA pavement.Asphalt Binder is an anionic asphalt emulsion designed for use as a tack coat for patching, paving, and coating processes.asphalt binder also called asphalt cement binder, is a binder to keep the aggregates together like paste in asphalt mixes. In each asphalt cement there are several ingredients including sands and gravels which are applied in several layers. Asphalt Binder keeps these layers intact individually and also binds the layers together. Asphalt Binder promotes adhesion of bituminous concrete products and coatings. 

According to the Japan Cement Association, Japan's cement industry emitted about 40 million tons of carbon dioxide in 2020. And the cement industry became the fourth largest source of carbon dioxide emissions in the industrial sector after electricity, steel and chemicals. 60% of the cement industry's carbon emissions come from process emissions, 35% from combustion emissions and 5% from indirect emissions from electricity. According to our “Building Materials Research Institute”, the global clinker capacity in 2022 was about 3.55 billion tons, and the global cement production was about 4.0 billion tons. According to the National Bureau of Statistics, China's cumulative cement output reached 2.118 billion tons in 2022.

The Global Info Research report includes an overview of the development of the Asphalt Cement Binder industry chain, the market status of Construction Industry (Biological Basis, Abiotic Basis), Chemical Industry (Biological Basis, Abiotic Basis), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Asphalt Cement Binder.

Regionally, the report analyzes the Asphalt Cement Binder markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Asphalt Cement Binder market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Asphalt Cement Binder market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Asphalt Cement Binder industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Biological Basis, Abiotic Basis).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Asphalt Cement Binder market.

Regional Analysis: The report involves examining the Asphalt Cement Binder market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Asphalt Cement Binder market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Asphalt Cement Binder:

Company Analysis: Report covers individual Asphalt Cement Binder manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Asphalt Cement Binder This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction Industry, Chemical Industry).

Technology Analysis: Report covers specific technologies relevant to Asphalt Cement Binder. It assesses the current state, advancements, and potential future developments in Asphalt Cement Binder areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Asphalt Cement Binder market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Asphalt Cement Binder market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Biological Basis
Abiotic Basis

Market segment by Application
Construction Industry
Chemical Industry

Major players covered
Arkema
SealMaster
Peckham Industries
Sami Bitumen Technologies
JT Russell & Sons
Avello Bioenergy

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Asphalt Cement Binder product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Asphalt Cement Binder, with price, sales, revenue and global market share of Asphalt Cement Binder from 2019 to 2024.

Chapter 3, the Asphalt Cement Binder competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Asphalt Cement Binder breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Asphalt Cement Binder market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Asphalt Cement Binder.

Chapter 14 and 15, to describe Asphalt Cement Binder sales channel, distributors, customers, research findings and conclusion.